Tikvah Management LLC reduced its stake in Payoneer Global Inc. by 62.6% during the second quarter. The firm sold 1,292,133 shares, according to an SEC filing on September 10, 2026. Tikvah now holds 771,939 shares. This remaining position represents approximately 0.23% of Payoneer.
The divestment occurs as Payoneer navigates a pending merger with Nuvei. Payoneer recently issued supplemental proxy disclosures following shareholder lawsuits. These legal actions allege that the original merger proxy contained material omissions.
Payoneer stock decreased 0.3% in recent trading.